Would-be presidential rival says oil field profits would reimburse US for military campaign
Outspoken real estate mogul Donald Trump has urged President Obama to “get tough with Saudi Arabia” on oil prices and said the US military should seize Iraq’s oil fields.
The reality TV star, who is weighing a presidential run in 2012, said OPEC had run riot with oil prices and was forcing petrol costs to unrealistic levels.
“Gasoline prices are going to go to $5, $6, $7 and we don’t have anybody in Washington that calls OPEC and says, “Fellas, it’s time. It’s over. You’re not going to do it anymore,” Trump said during an appearance on ‘Good Morning America.’
“I’m going to look ‘em in the eye and say, “Fellas, you’ve had your fun. Your fun is over.
Saudi Arabia is oil cartel OPEC’s largest exporter and a long-time ally of the United States.
wouldn’t even be there if it wasn’t for us. If it weren’t for us, they
wouldn’t be there. These 12 guys sit around a table and they say; ‘Let’s
just screw the United States,’” Trump said.
The real estate tycoon, who ranked 488th on Forbes magazine's 2010 list of the world's billionaires, was equally controversial on the subject of Iraq.
The US-led invasion of Iraq in 2003 cost the Pentagon an estimated $1bn a week and led to the death of at least 4,447 US military deaths. In compensation, Trump said, the military should seize the country’s oil fields and funnel off the profits.
“We go into Iraq. We have spent thus far, $1.5 trillion. We could have rebuilt half of the United States. So, in the old days, you know when you had a war, to the victor belong the spoils,” he said.
“You’re not stealing anything. You’re taking - we’re reimbursing ourselves - at least, at a minimum, and I say more. We’re taking back $1.5 trillion to reimburse ourselves.”
Trump’s controversial views have proved popular with the American public. An Associated Press report said presidential polls showed growing support for his candidacy. The billionaire has said he would spend upwards of $600m on a potential run.